PEARSON (PEARSON) • Economics
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Modules Economics at PEARSON (PEARSON)
Notes available for the following courses of Economics at PEARSON (PEARSON)
Popular books PEARSON (PEARSON) • Economics
Latest notes & summaries PEARSON (PEARSON) • Economics
A summary of: 
- characteristics of public goods 
- free rider problem 
- Tragedy of the Commons 
- Advantages & disadvantages of state provision
A summary of: 
- Economics as a social science 
- Functions of money 
- Assumptions and models 
- Factors of production & Economic agents 
- Specialisation and the Division of labour. 
- Types of economies
A summary of: 
- Subsidies with diagrams 
- Maximum and minimum prices 
- Regulations 
With pros and cons for all
A summary of: 
- Causes of government failure 
- Diagrammatic analysis
A summary of: 
- Different types of indirect taxes 
- How indirect taxes can be used to correct negative externalities of production. 
- Advantages and disadvantages of using indirect taxes
A summary of: 
- State Provision - diagrams, pros and cons. 
- Tradeable Pollution Permits - pros and cons, EU ETS 
- Info provision with diagram
A summary of: 
- Homo economicus and relevant assumptions 
- Behavioural economics
A summary of: 
- How the demand curve is derived, moves and shifts. 
- PED and its determinants 
- YED and its determinants 
- XED with diagrams
A summary of: 
- How the supply curve is derived, moves and shifts. 
- Process of price determination 
- Producer and consumer surplus 
- Price Elasticity of Supply 
 
All with diagrams
Summarises the advantages and disadvantages of the following structures: monopoly, oligopoly + their pricing strategies, monopolistic competition, perfect competition, monopsony. 
 
Also includes notes on efficiency, economies of scale and contestability.